Dairy Alternatives Market

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Dairy Alternatives Market Information Analysis
by Product Type (Soy Milk, Almond Milk, Coconut
Milk, Rice Milk, Oat Milk, Hemp Milk, and
Others), Formulation (Flavored and Plain),
Application (Food and Beverages), Distribution
Channel and Segments Forecast To 2027
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Market Summary
The dairy alternatives market is expected to
reach USD 41.80 Billion by 2026, according to a
new report by Reports and Data. Dairy
alternative, a plant based milk, is used as the
main substitute of milk. It is obtained from
cereals (oats, wheat, rice, and barley among
others), nuts, and seeds. Dairy alternatives have
low fat and low cholesterol content than milk
products and does not contain lactose that has
medical benefits especially for the lactose
intolerant people. Increasing incidences of
lactose intolerance among individuals across the
globe, the rising number milk allergies,
innovative product launches and smart marketing
and sales promotional strategies followed by the
market players are the some of the main factors
that have stimulated the overall market demand
for dairy alternatives. The competition in the
dairy alternatives market is very high with major
players acquiring other small players to increase
their market share and profitability. Players in
this market are continuously innovating their
products to come up with new taste and flavors to
differentiate their products and pull more
customers. Nevertheless, the players in the dairy
alternatives market may face a significant
challenge in the form of innovation being done in
conventional milk and dairy products with low
cholesterol and fat.
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Considerable investments in RD for development
of new technologies and methods for the
improvement of dairy alternative products like
the removal of flavor inhibitors, fortification
of food items, and enhanced shelf life, will
drive the market growth. The deployment of latest
technological methods, like Ultra High Processing
(UHT) and enzymatic liquefaction for the
efficient production of various dairy alternative
food items will provide strong growth
opportunities for the market. The high price
associated with dairy alternative products may
create hindrances for the market growth in the
forecast period. Get Free Report Sample _at_
https//www.reportsanddata.com/sample-enquiry-form
/1254
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• Further key findings from the report suggest
• Soy milk occupied the largest share with more
  than 50 of the global market in 2018 and is
  forecasted to have a growth rate of 12.2 in the
  forecast period. Soy milk is a rich source of
  vitamins, proteins, potassium, and has a lower
  calorie content than cows milk, which is
  projected to boost the market growth.
• The plain formulation is expected to have a
  growth of 12.2 during the forecast period
  accounting for more than 70 of the market in
  2018. Rising demand for the plain/unflavored type
  of dairy alternatives like soymilk, almond milk,
  and rice milk among others is estimated to fuel
  the market growth.
• The Asia Pacific market held the largest share in
  2018 and is expected to maintain its dominance
  throughout the forecast period with a growth rate
  of 12.2. The market dominance of this region is
  due to diet diversification, rapid urbanization,
  and liberalization of FDI in the food sector.
  Besides, the rise in the level of disposable
  income, increase in purchasing power of
  customers, increase in consumer awareness
  regarding health fitness, and rise in consumer
  demand for nutritional healthy products is
  estimated to fuel the market growth in this
  region.
• Key participants include The WhiteWave Food
  Company, Blue Diamond Growers, Archer Daniels
  Midland Company, The Hain Celestial Group Inc.,
  Eden Foods Inc., Panos Brands LLC, Earths Own
  Food Company, Daiya Foods Inc., SunOpta Inc.,
  Freedom Foods Group Ltd., and CP Kelco among
  others.

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• For the purpose of this report, Reports and Data
  have segmented global dairy alternatives market
  by product type, formulation, application,
  distribution channel, and region
• Product Type Outlook (Volume, Kilo Tons
  2016-2026 and Revenue, USD Million 2016-2026)
• Soy Milk
• Almond Milk
• Coconut Milk
• Rice Milk
• Oat Milk
• Hemp Milk
• Others
• Formulation Outlook (Volume, Kilo Tons 2016-2026
  and Revenue, USD Million 2016-2026)
• Flavored Formulation
• Plain Formulation
• Application Outlook (Volume, Kilo Tons
  2016-2026) (Revenue, USD Billion 2016-2026)

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• Beverages
• Distribution Channel Outlook (Volume, Kilo Tons
  2016-2026 and Revenue, USD Million 2016-2026)
• Super Markets
• Health Food Stores
• Pharmacies
• Convenience Stores
• Online Stores
• Others
• Regional Outlook (Volume, Kilo Tons 2016-2026
  and Revenue, USD Million 2016-2026)
• North America
• US.
• Europe
• Germany
• UK
• Asia Pacific

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• South-east Asia
• Latin America
• Brazil
• MEA
• Browse Complete Report _at_ https//www.reportsanddat
  a.com/report-detail/dairy-alternatives-market

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